NOT LISTED FOR SALE

513 N 5th Ave Wilmington, NC 28401

Upper Downtown Neighborhood

Estimated Value: $364,000 - $486,000

3 Beds
1 Bath
1,362 Sq Ft
$315/Sq Ft Est. Value

Last Sold March 18, 2014

Last sale price $85,000 $62 Per Sq Ft

Est. 405% increase in value since last sale

Current estimated payment $2,404/month

27 Days on Market

Highlights

  • No HOA
  • Dining Room
  • 1-Story Property
  • Living Room

About This Home

As of March 2014

Attention Downtown Investors. This 3 bedroom cottage is located on a nice street, with a large lot. Rocking chair front porch, center hall, heart pine floors in some rooms that have been refinished, central HVAC & some wiring upgrades. Has transferable termite bond. Nice views of the Brooklyn Arts Center from the back yard. This home needs renovation but has lots of potential. Will be sold in as is condition with no repairs being done by the seller. Bring your imagination. Priced to sell at $99K.

Last Agent to Sell the Property

Sam Simmons

Port City Properties, Inc License #85157 Listed on: 02/04/2014

Last Buyer's Agent

Sam Simmons

Port City Properties, Inc License #85157 Listed on: 02/04/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,414

Year Built

  • Built in 1930

Lot Details

  • 6,970 Sq Ft Lot
  • Property is zoned R-3

Home Design

  • Stick Built Home

Interior Spaces

  • 1,362 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2274

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,414

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Fireplace: None
  • Heated Sq Ft: 1200 - 1399
  • List Price per Sq Ft: 72.69
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1362.00
  • Total Heated Primary Separate Sq Ft: 1362.00

Exterior Features

  • Foundation: Crawl Space

Utilities

  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1995.00
  • Lot Acres: 0.16
  • Lot Dimensions: IRR
  • Lot Number: 2274
  • Lot Sq Ft: 6970.00
  • Zoning: R-3

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2021
Sold by
Nathans David A and David A Nathans Revocable Trus
Bought by
Nathans Lucas R
Current Estimated Value
$429,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$185,806
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2018
Sold by
B A C Investment Holdings Llc
Bought by
Nathans David A and David A Nathans Revocable Trust

Purchase Details

Listed on
Feb 4, 2014
Closed on
Mar 11, 2014
Sold by
Henry James E and Henry Gloria M
Bought by
B A C Investment Holdings Llc
Seller's Agent
Sam Simmons
Port City Properties, Inc
Buyer's Agent
Sam Simmons
Port City Properties, Inc
List Price
$99,000
Sold Price
$85,000
Premium/Discount to List
-$14,000
-14.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 1995
Sold by
Boynton Ella Price
Bought by
Henry James E Gloria M

Purchase Details

Closed on
May 17, 1995
Sold by
Boynton W H Ella Life Est
Bought by
Boynton Ella Life Est

Purchase Details

Closed on
Feb 1, 1986
Sold by
Boynton Wm H Ella Life Estate
Bought by
Henry James E Gloria M

Purchase Details

Closed on
Nov 1, 1985
Sold by
Henry James E
Bought by
Boynton William H Ella

Purchase Details

Closed on
Oct 1, 1969
Bought by
Henry James E
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nathans Lucas R $350,000 None Available
Nathans David A -- None Available
B A C Investment Holdings Llc $85,000 None Available
Henry James E Gloria M -- --
Boynton Ella Life Est -- --
Henry James E Gloria M -- --
Boynton William H Ella -- --
Henry James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nathans Lucas R $200,000
Previous Owner B A C Investment Holdings Llc $51,000
Previous Owner B A C Investment Holdings Llc $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2014 03/18/14 Sold $85,000 -14.1% $62 / Sq Ft
03/03/2014 03/03/14 Pending -- -- --
02/04/2014 02/04/14 For Sale $99,000 -- $73 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $1,414 $162,500 $70,000 $92,500
2022 $1,381 $162,500 $70,000 $92,500
2021 $0 $152,800 $70,000 $82,800
2020 $949 $90,100 $32,600 $57,500
2019 $949 $90,100 $32,600 $57,500
2018 $475 $90,100 $32,600 $57,500
2017 $949 $90,100 $32,600 $57,500
2016 $1,117 $100,800 $30,400 $70,400
2015 $1,067 $100,800 $30,400 $70,400
2014 $1,022 $100,800 $30,400 $70,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Sam Simmons

    Port City Properties, Inc

    (910) 264-3610

    2 in this area

    42 Total Sales

    Sam Simmons
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Map

Source: Hive MLS

MLS Number: 30501335

Hive MLS

APN: R04813-028-012-000

North Carolina New Hanover County Wilmington 28401 Upper Downtown

513 N 5th Ave, Wilmington, NC

This home is located at 513 N 5th Ave, Wilmington, NC 28401 since 04 February 2014 and is currently estimated at $429,122, approximately $315 per square foot. This property was built in 1930. 513 N 5th Ave is a home located in New Hanover County with nearby schools including Snipes Academy of Arts & Design, Williston Middle School, and New Hanover High School.

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